Dumb Question But...

What makes certain groups more prestigious than others besides brand name? Is it the their deal flow?

For Ex: Comparing Lazard’s NYC M&A group to Moelis’s NYC M&A group.

This sound obvious to a lot but I literally have no idea.

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Most Helpful
  • Deal flow and the calibre of clients you bring in. If Bank A does HC but doesn't get called on by any of the top 20 pharma companies whilst Bank B's HC team does, you could probably say Bank B's HC team is more "prestigious". This also applies within the firm - if your HC team gets all the top 10 pharma companies but your O&G team only get's mid-cap O&G companies, the former could be seen as more "prestigious".
 

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